Opec sticks to plans as oil prices surge after Iran's missile attack on Israel
Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to concerns over a potential major production disruption following Iran's missile attack on Israel.
OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...
Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...
Jefferies’ Omar Nokta said Opec’s signalling that it was shifting away from price protection and toward fighting for market ...
OPEC rebutted a Wall Street Journal report on Wednesday, calling it wholly inaccurate and misleading in saying that Saudi ...
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
A Reuters survey on Thursday shows September oil production from OPEC dropping to its lowest point this year, at 26.14 ...
Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...
OPEC’s crude production declined sharply last month after a political crisis slashed supplies from Libya. Output from the Organization of Petroleum Exporting Countries slumped by 480,000 barrels a day ...
Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...
OPEC has rejected claims made by The Wall Street Journal that Saudi Arabia's Energy Minister, Abdulaziz bin Salman Al-Saud, ...
Even as geopolitical tensions mount, a panel meeting of OPEC on Wednesday maintained status quo on the cartel’s oil output ...
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